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Monday, May 27, 2024

12 Stocks Moving In Monday’s Pre-Market Session

Courtesy of Benzinga.



Gainers

  • Kingold Jewelry Inc (NASDAQ: KGJI) rose 50.7 percent to $3.09 in pre-market trading as the company reported Q2 results on Friday. Q2 EPS of $0.30 compared to last quarter’s $0.01, while revenue of $390.3 million was substantially higher than last quarter’s $249.4 million.
  • Sorl Auto Parts, Inc. (NASDAQ: SORL) shares rose 34.4 percent to $2.50 in pre-market trading as the company reported upbeat Q2 results.
  • Celsion Corporation (NASDAQ: CLSN) shares rose 20.8 percent to $1.45 in pre-market trading after the company announced Positive ThermoDox results.
  • Post Properties Inc (NYSE: PPS) rose 12.5 percent to $70.00 after Mid-America Apartment Communities Inc (NYSE: MAA) announced plans to buy Post Properties for around $3.88 billion.
  • Ocular Therapeutix Inc (NASDAQ: OCUL) rose 10.6 percent to $7.50 in the pre-market trading session after gaining 7.62 percent on Friday.
  • AcelRx Pharmaceuticals Inc (NASDAQ: ACRX) rose 8.6 percent to $4.05 in pre-market trading. AcelRx Pharmaceuticals disclosed top line results of its ARX-04 final stage study, which met its primary endpoint.
  • SYSCO Corporation (NYSE: SYY) shares rose 5 percent to $54.80 in pre-market trading as the company reported better-than-expected quarterly earnings.
  • Activision Blizzard, Inc. (NASDAQ: ATVI) rose 3.2 percent to $42.47 in pre-market trading as Loeb’s Third Point reported a new stake in Acitivision Blizzard.

Find out what’s going on in today’s market and bring any questions you have to Benzinga’s PreMarket Prep.

Losers

  • Aurinia Pharmaceuticals Inc (NASDAQ: AUPH) fell 37.4 percent to $2.56 in pre-market trading. Aurinia Pharma reported that its Phase IIB voclosporin study met its primary endpoint.
  • Corning Incorporated (NYSE: GLW) shares fell 6 percent to $21.50 in the pre-market trading session after declining 0.22 percent on Friday.
  • Badger Meter, Inc. (NYSE: BMI) shares fell 3.7 percent to $68.50 in pre-market trading. Badger Meter announced a 2-for-1 stock split and a 15 percent raise in its quarterly dividend from $0.20 per share to $0.23 per share.
  • Cyberark Software Ltd (NASDAQ: CYBR) fell 2.4 percent to $51.70 in pre-market trading. Goldman Sachs downgraded CyberArk Software from Buy to Neutral.

Posted-In: #PreMarket Gainers LosersNews Movers & Shakers Pre-Market Outlook Markets Movers

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